–Buzztime Partnership with Harbor Retirement Associates to Span All New Facilities–
Carlsbad, CA – October 25, 2016 – NTN Buzztime, Inc. (NYSE MKT:NTN), a leader in innovative interactive entertainment, has signed a partnership with Harbor Retirement Associates, a vertically integrated regional senior living development and management company. The collaboration will equip every new HarborChase Senior Living Community with Buzztime’s interactive entertainment network.
Common areas throughout each of these communities will be equipped with Buzztime’s free-to-play interactive tablets. Residents and visitors will be able to engage in Buzztime interactive trivia and games that allow for playing independently, with other players in the room, in live group trivia contests that span other HarborChase communities, or with any player accessing the Buzztime network from hundreds of dining and entertainment venues across the country.
Buzztime is also creating tailored game content that will appeal to players of all ages, allowing residents and their visitors to enjoy the experience, showcased on large displays in the common areas. When not in use for gaming, those displays will show community messages and other relevant content for residents.
“Buzztime has provided a unique new way for our residents and family members of all ages to bond through Buzztime’s entertainment technology. Fun competition also allows our residents to connect with others from across the country,” said Peggy Connelly, National Director of Life Enrichment & Memory Care, Harbor Retirement Associates. “In addition to creating opportunities for fun relationships, the Buzztime system helps to support our residents’ overall cognition and brain fitness, helping them to enjoy life to the fullest.”
“Our company was built on keeping players engaged and challenged with shared, innovative, and most importantly, fun gaming experiences,” noted Ram Krishnan, CEO, Buzztime. “Beyond helping to bring communities together, offering mentally challenging entertainment in a senior living environment has obvious rewards in helping to keep residents cognitively sharp,” he added, referring to a New England Journal of Medicine study that showed adults who frequently engage in mentally stimulating activities are significantly more likely to maintain mental acuity and cognitive well-being.
Buzztime (NYSE MKT: NTN) delivers interactive entertainment and innovative dining technology to bars and restaurants in North America. Venues license Buzztime’s customizable solution to differentiate themselves via competitive fun by offering guests trivia, card, sports and arcade games, nationwide competitions, personalized menus and self-service dining features. Buzztime’s platform improves operating efficiencies, creates connections among the players and venues, and amplifies guests’ positive experiences. Founded in 1984, Buzztime has accumulated over 9 million player registrations and over 115 million games were played in 2015 alone. For more information, please visit https://www.buzztime.com or follow us on Facebook or Twitter @buzztime.
About Harbor Retirement Associates
Harbor Retirement Associates (“HRA”) is a vertically integrated regional senior living development and management company, focused primarily on Assisted Living and Memory Care communities, but also engaged in the development and operations of Independent Living and Skilled Nursing communities. HRA operates 24 communities and is partnering on the development or acquisition of 15 more communities in 8 states. HRA manages over $100 million in revenue and approximately $400 million in assets while employing 1,700 associates. For more, please visit www.hraseniorliving.com.
This release contains forward-looking statements, which reflect management’s current views of future events and operations, including but not limited to statements about our consumer engagement, product performance and promotional activities. These statements are based on current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, but are not limited to, the risks of unsuccessful execution or launch of products, platforms and brands, the impact of competitive products, brands, technologies and pricing, adverse economic conditions, the regulatory environment, and the failure of customer and/or restaurant adoption or demand for new or existing products. Please see NTN Buzztime, Inc.’s recent filings with the Securities and Exchange Commission for information about these and other risks that may affect the Company. All forward-looking statements included in this release are based on information available to us on the date hereof. These statements speak only as of the date hereof, and NTN Buzztime, Inc. does not undertake to publicly update or revise any of its forward-looking statements, even if experience or future changes show that the indicated results or events will not be realized.
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Jonathan Zaleski, PR for Buzztime
IR AGENCY CONTACT:
Kirsten Chapman/Becky Herrick, LHA Investor Relations